STOCKS TO HEDGE TSLA WITH: PTON?$PTON is in absolute beast mode and it's 0.485621 distance to $TSLA (about "halfway independent") in my readings. Good stock to include in your long only portfolio alongside $TSLA?
PTON trade ideas
Called this move exactly! This is what a proven strategy looks like and it worked flawlessly. They've done studies, you know. 60% of the time, it works every time.
Fib targets complete$PTON tagged the 50% fib and then saw a very nice move into the -61.8% to T2. Now we are looking for a new cycle to occurr
$PTON Peloton $60 target
RSI approaching overbought but still room to run.
MACD and Histogram bullish.
Stay at home stocks continue to hold strong
Analysts chasing the stock
Fibonacci 1-2-1 extension target $60
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PTON looking strngnew weekly high, stay at home play, not a lot of sellers to dump the stock. Send it
Target 62This could reach there as long as it stays above 50. If closes below 49, then lower prices to come.
Looking like it wants to break, Long if $PTON>52great triangle formation on the way up. holds the trendline we looking at 55+ for next week
PTON posed for a bull run Alligator is smiling and happy indicating a strong trend upward. Don't mind the white arrow, that was my entry point once price broke out of my triangle. I am liking the doji at the end. Would love to see price jump to 60 but I think I will be taking profit at 55 - unless of course I am stopped out. Sike! Peddal fast, Peddal hard. Pee TON !!
$PTON Peloton $56 price target Uptrend continues to hold strong.
The stock has made 3 attempts to break above $50 this week but the bears have continued to hold strong, We will give it 1 more day or there may be a bearish drop.
Looks like a breakout from a bullish flag. Did anyone jump in? I hear a lot of speculation that gyms will never be the same. Plus 24hr is closing many gyms. A lot of home gyms will not be reopening. But it is summer, will these expensive indoor bikes continue to sell? I am tempted to jump in right now. Any thoughts?
Peleton Interactive $PTON "Brokeout"It broke the pivot out yesterday with reasonable volume. It is worth to watch
12 months Consensus Price Target: $47.36
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